Chinese property investors raise stake in American real estate

Published: 25/08/2017
Chinese property investors raise stake in American real estate
Source: WWW.SCMP.COM

Mainland Chinese buyers’ fascination with American property continues unabated, with each family spending an average of US$529,943 per property, according to a report by Savills. The report was based on data from the US National Association of Realtors. Based on sales reported by member agents, homebuyers from China acquired 40,572 residential units in the United States in the 12 months to M

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